Page 6 - Capital Float News Today

Paytm has acquired a 100 percent stake in Urja Money Pvt. Ltd., which offers loan management services using its proprietary technology CreditMate.

The acquisition has resulted in the exit of the fintech startup’s founders, said Chief Commercial Officer of CreditMate, Aditya Singh

ZestMoney, a Bangalore-based buy now, pay later platform, said on Wednesday it has raised $50 million in a new financing round from Australia’s Zip as the Indian firm looks to double down on a trend that has shown early signs of traction in several global markets. The eight-year-old Australian firm, which has a presence in […]

The round marked the first investment by Amazon in a wealth management fintech in India.

Consumer and business loans company Capital Float said on Wednesday it has raised Rs 50 crore in debt funding from The Netherlands-based Triodos, for a period of three years. The Bengaluru-based startup said it expects to use the funds to scale its operations and meet the demand of its user base of over two million customers, which has doubled over the last eight months. B2B buyer engagement platform BuyerAssist.io on Wednesday announced that it had raised $2 million in seed financin...

These funds are being strategically deployed towards scaling up growth in credit delivery, as the company has doubled its base over the last eight months to over 2 million customers.

Fintech firm Capital Float on Wednesday said it has raised Rs 50 crore in debt for a period of three years from Triodos Microfinance Fund and Triodos Fair Share Fund. The two entities are financial inclusion funds managed by The Netherlands-based Triodos Investment Management (Triodos IM) - a wholly-owned subsidiary of Triodos Bank that manages EUR 5.4 billion in assets under management (AUM). Since January this year, Capital Float has raised over Rs 200 crore in debt. "These funds are bein...

Buy Now Pay Later and credit provision platform Capital Float has raised ₹50Cr debt from Triodos Fiar Share Fund and Triodos Microfinance Fund

The 'Buy Now Pay Later' model of Capital Float saw the fintech startup providing credit to consumers in metros as well as in non-metro locations.

How The Pandemic Fueled The Rise of Buy Now Pay Later 2 hours ago As the Indian consumer market shifted to online platforms to buy their goods during the last year, Buy-Now-Pay-Later (BNPL) or embedded finance options have become commonplace on most e-commerce platforms. These credit-payment options offer consumers a short loan for a specific purpose. BNPL credit products or their technical embedded finance essentially offers customers a small loan instantly in certain stores or on e-commerce w...